Xometry Announces $75 Million Equity Round Led by T. Rowe Price Funds September 10, 2020 Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
Secretary of the Air Force Unveils New “eSeries” Classification September 17, 2020 A new way of procuring systems, recognizing the Department’s digital future, and industry’s ability to deliver digital twins.
Gages Step Up the Tech July 27, 2020 Sophisticated metrology equipment, like coordinate measuring machines (CMMs) and laser scanners, are increasingly seen outside quality labs. “Many companies have cut costs by moving inspection from the lab to the shop floor,” said Matteo Zoin, head of marketing and new market development for Marposs Corp., Auburn Hills, Mich.
QA Advances as Gage Management Improves July 23, 2020 Any manufacturer operating under quality management system mandates, such as ISO9001, ISO13485, or AS9100, must at the very least maintain a measurement tool library database.
View Marketing as an Investment—Not an Expense September 29, 2020 Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
ROKiT MADE to Build Largest e-Bike Factory in the United States October 19, 2020 ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.
Weymouth and Bial join Xometry Board of Directors October 14, 2020 Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.
ZEISS Installs New Shop Floor Measuring Solution for Car Body Inspection September 28, 2020 Zeiss Industrial Quality Solutions will install Zeiss AICell trace at a premier electric vehicle manufacturer in North America in 2020. The correlation-free measuring cell is the most accurate, shop floor car body robotic process and quality control system on the market.
Manufacturing Expansion Eases in September October 1, 2020 Manufacturing economic expansion eased in September while remaining at strong levels overall, the Institute for Supply Management said today.
Remotely Exploitable Industrial Control System Vulnerabilities on Rise August 19, 2020 New report from Claroty researchers finds latest ICS vulnerabilities most prevalent in energy, critical manufacturing, and water & wastewater sectors of critical infrastructure
